Canfor Pulp Products Inc (CFX) Price Target Raised to C$15.00 at CIBC

Canfor Pulp Products Inc (TSE:CFX) had its price target raised by CIBC from C$13.00 to C$15.00 in a research report sent to investors on Thursday, October 19th.

Separately, Scotiabank decreased their target price on Canfor Pulp Products from C$12.50 to C$12.00 and set a sector perform rating for the company in a report on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of C$13.55.

Shares of Canfor Pulp Products (TSE:CFX) traded down 1.09% during mid-day trading on Thursday, reaching $13.63. 13,833 shares of the company’s stock were exchanged. The stock has a market capitalization of $894.96 million and a PE ratio of 11.81. Canfor Pulp Products has a 1-year low of $9.45 and a 1-year high of $14.20. The company’s 50 day moving average is $13.62 and its 200 day moving average is $12.68.

Canfor Pulp Products (TSE:CFX) last posted its quarterly earnings data on Wednesday, July 26th. The company reported C$0.31 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.32 by C($0.01). Canfor Pulp Products had a net margin of 7.19% and a return on equity of 16.14%. The company had revenue of C$280.90 million for the quarter. Equities research analysts anticipate that Canfor Pulp Products will post $1.37 EPS for the current fiscal year.

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About Canfor Pulp Products

Canfor Pulp Products Inc is a supplier of pulp and paper products. The Company operates through two segments: Pulp and Paper. The Company’s Pulp segment includes its four pulp mills: the Northwood pulp mill, the Intercontinental pulp mill, pulp produced at the Prince George pulp and paper mill, and the Taylor pulp mill.

Analyst Recommendations for Canfor Pulp Products (TSE:CFX)

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